AWE Limited reports that as of 06:00 hours (6.00am NZDT) today the Pateke-4H development well was running the production tubing and associated equipment. The well will then be suspended for later production. The installation of a subsea flow-line and ancillary control equipment to the Tui Field gath
Norwegian Energy Company ASA (Noreco) has reported that production from the Huntington field in the UK resumed on 11 May, 2014. Production has been interrupted since 12 April, initially for replacement of couplings in the inert gas system on the floating production and storage unit, and then again f
Petrobras started-up production on platform P-62 in the Campos Basin’s Roncador field. This is one of the strategic projects in the 2014-2018 Business and Management Plan. Deployed at a water depth of 1,600 meters, P-62 is an integral part of the Module 4 project for the Roncador field. Twenty-two w
Cape Wind has informed that a team including three companies based in New Bedford, Massachusetts, is involved with completing geophysical surveys of the project site and offshore cable routes. Survey vessels with a suite of geophysical instruments are surveying the seafloor and subsea geology on Hor
Kvaerner delivered a strong positive development in the financial results compared to one year ago. Operating revenues for the first quarter 2014 were NOK 3 489 million, which is an increase of 31 percent compared to NOK 2 663 million in first quarter in 2013. The EBITDA was NOK 170 million, an impr
Ithaca Energy Inc. published its financial results for the three months ended March 31 2014. Financial Results – Cashflow from operations of $43.7 million (Q1 2013: $34.8 million), resulting in cashflow per share of $0.13 (Q1 2013: $0.13); – Profit after tax increased by approximately 370% in Q1 201
Panoro has announced the completion of a 3D seismic survey over OML 113 license in Nigeria. The Polarcus vessel MV Polarcus Nadia started data acquisition on March 24, 2014 and completed shooting on May 9, 2014. The survey was acquired in conjunction with the neighbouring OPL 310 with Afren and cove
Technip was awarded by Marathon Oil Norge a contract for the extension of subsea infrastructure on the Alvheim field, located on the Norwegian Continental Shelf. The scope of work includes installation engineering, procurement, fabrication, installation and tie-in of spools and protection covers as
Six people were pulled from the water after their vessel sank five miles southwest of Clearwater Pass, Florida, Saturday, May 10, 2014. Watchstanders at Coast Guard Sector St. Petersburg received notification at 11:40 a.m. Saturday from a good Samaritan concerning six divers aboard a sinking 24-foot
CNOOC Limited announced that its Kenli 3-2 oilfields have commenced production. The Kenli 3-2 oilfields, located in the southern Bohai Sea, consists of Kenli 3-2, Bozhong 34-6/7, southern part of Bozhong 29-4 and Bozhong 35-2 oilfields. The average water depth is approximately 20 meters. The primary
DNV GL, the world’s leading ship and offshore classification society and one of the world’s leading technical risk service providers, has acquired Marine Cybernetics, the leading company for third-party testing of computer control systems. The acquisition expands DNV GL’s scope of services in the of
Alcatel-Lucent has completed an upgrade of the Apollo undersea cable system which links the UK and France to the United States. This multiple 100 gigabit per second (Gbit/s) upgrade enhances the system’s capacity in support of the continued global explosion of data traffic and increased demand for c
Petrobras informed that it has completed drilling the last exploratory well in the areas of the Transfer of Rights agreement, in the Santos Basin pre-salt. The well 4-BRSA1226-RJS (4-RJS-728), the third drilled in the block referred to as Entorno de Iara, has confirmed the discovery of good quality
Faroe Petroleum, the independent oil and gas company focusing principally on exploration, appraisal and production opportunities in the Atlantic margin, the North Sea and Norway, informed that drilling has reached target depth on the Centrica-operated Butch East exploration well 8/10-5S and a subseq
